The COVID-19 pandemic is causing an economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.
Sellers: no need to panic. When the dust settles I will market and sell your property for the best price and in the shortest length of time. For now Stay safe and Well!